Overview
- Hallmann applied for a Schuldenregulierungsverfahren seeking a Sanierungsverfahren with self-administration at the Handelsgericht Wien.
- Court documents and creditor advocates list about 102 creditors with roughly €95 million in claims, including around €75 million tied to guarantees.
- He is offering a 30% repayment to creditors within two years under the proposed plan.
- Filings cite declared assets of approximately €5.865 million, including real estate and stakes in related companies, with orderly asset sales planned to fund the quota.
- Company representatives say Hallmann Holding is not affected, and a related subsidiary, SÜBA AG, completed a separate restructuring in July with a 20% plan.